JinkoSolar reports strong growth for FY2023

JinkoSolar, a solar module manufacturer, has reported strong growth for FY2023. It reported total Q4 revenue of RMB 32.83 billion, reflecting a 9.4% year-over-year increase. Its quarterly shipments increased 67.7% year-over-year to reach 27.86 GW in Q4 2023.  For the full year 2023, JinkoSolar’s reported revenues of RMB 118.68 billion, up 43% year-over-year. Annual shipments reached 83.56 GW, representing an 80% increase compared to 2022.  The company anticipates module shipments to range from 18 GW to 20 GW for Q1 2024 and between 100 GW and 110 GW for the entire year, with n-type modules constituting around 90% of the total.